NOT LISTED FOR SALE

Fairway Towers 475 N Highland St Unit 6B Memphis, TN 38122

Chickasaw Gardens Neighborhood

Estimated Value: $206,000 - $245,887

2 Beds
2.5 Baths
1,400-1,599 Sq Ft
2.91 Acres

Last Sold December 28, 2022

Last sale price $206,650 $129 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,311/month

5 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Soft Contemporary Architecture
  • White Station High Rated A
  • 2.91 Acre Lot
  • Guest Suites

About This Home

As of December 2022

Enjoy the ease of condo life at Fairway Towers. Great renovation converted this 3 bedroom to a 2 bed condo with 2 large living areas, 2 balconies and great storage. Updated kitchen, replaced windows, doors, HVAC system plus smart features. 24/7 door person, secured building & parking, party room w/ kitchen, pool, patio, exercise rm, laundry rm, guest suites plus extra storage! This is a no-pet building. Make an appointment to see it today!

Last Listed By

Barb Frazer

Crye-Leike, Inc., REALTORS License #329917 Listed on: 11/04/2022

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1970

Lot Details

  • 2.91

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,475 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 2 Covered Spaces
  • Gated Parking
  • On-Site Parking for Rent

Additional Features

  • Landscaped
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 044041 A00053

Community Details

Overview

  • Property has a Home Owners Association
  • $561 Maintenance Fee
  • Association fees include exterior insurance, exterior maintenance, grounds maintenance, management fees, pest control contract, trash collection, water/sewer
  • 121 Units
  • High-Rise Condominium
  • Fairway Towers Community
  • Fairway Towers Apts Amend To Subdivision
  • Property managed by Wolf River Mgmt

Amenities

  • Guest Suites
  • Laundry Facilities

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,195

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • MLS Map #: 754C
  • MAAR Subdivision Name: FAIRWAY TOWERS APARTMENTS
  • Condo: Yes
  • List Price Per Sq Ft: 146
  • Number Of Stories: 1
  • Price Per Sq Ft: 140.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1475
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Balcony, Well Landscaped Grounds
  • Pool Description: Neighborhood

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Gated Parking, Gate Clickers, Rent Parking Space

Utilities

  • Heating: Electric

Association/Amenities

  • Condo Amenities: Exercise Room, Community Laundry, Guest Rm Available
  • Condo Fees Include: Exterior Insurance, Exterior Maintenance, Grounds Maintenance, Management Fees, Pest Control Contract, Trash Collection, Water/Sewer
  • Condominium Association: Yes
  • Condominium Name: Fairway Towers
  • Management Company: Wolf River Mgmt

Fee Information

  • Monthly Maintenance Fee: 561

Lot Info

  • Lot Number: UNIT 6B
  • Acreage: 2.91
  • Lot Size: 2.91
  • Price Per Acre: 73883

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 044041 A00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 28, 2022
Sold by
Brown Stephanie Scrudder
Bought by
Thompson Franklin Douglass
Seller's Agent
Barb Frazer
Crye-Leike, Inc., REALTORS
Buyer's Agent
Macky Sneed
Sneed Company, REALTORS
List Price
$215,000
Sold Price
$206,650
Premium/Discount to List
-$8,350
-3.88%
Total Days on Market
5
Views
8
Current Estimated Value
$218,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,822
Avg. Annual Appreciation
2.40%
Original Mortgage
$165,320
Outstanding Balance
$161,389
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$57,083

Purchase Details

Closed on
Feb 25, 2019
Sold by
Brown Charles Rea and Brown Stephanie Scrudder
Bought by
Brown Stephanie Scrudder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,950
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2015
Closed on
Mar 8, 2016
Sold by
Fan Limei
Bought by
Brown Charles Rea and Brown Stephanie Scrudder
Seller's Agent
Jing Chen Roachell
Crye-Leike, Inc., REALTORS
Buyer's Agent
Michael Wooten
Adaro Realty, Inc.
List Price
$130,000
Sold Price
$88,000
Premium/Discount to List
-$42,000
-32.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$83,600
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2012
Closed on
Aug 24, 2012
Sold by
Guinn Steven L
Bought by
Yang Xiaodong and Fan Limei
Seller's Agent
Betsy Kelly
Hobson, REALTORS
Buyer's Agent
Laurie Stark
Hobson, REALTORS
List Price
$82,000
Sold Price
$68,000
Premium/Discount to List
-$14,000
-17.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
Jun 10, 2012
Closed on
Jul 27, 2012
Sold by
Guinn Frances O
Bought by
Guinn Steven L and Frances O Guinn Irrevocable Trust
Seller's Agent
Betsy Kelly
Hobson, REALTORS
Buyer's Agent
Laurie Stark
Hobson, REALTORS
List Price
$82,000
Sold Price
$68,000
Premium/Discount to List
-$14,000
-17.07%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Moore Elizabeth S
Bought by
Guinn Frances O

Purchase Details

Closed on
Apr 28, 1995
Bought by
Moore Elizabeth S

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thompson Franklin Douglass $207,500 --
Brown Stephanie Scrudder -- None Available
Brown Charles Rea $88,000 Realty Title & Escrow Co Inc
Yang Xiaodong $68,000 Title & Escrow Services Inc
Guinn Steven L -- None Available
Guinn Frances O $92,000 --
Moore Elizabeth S $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Franklin Douglass $165,320
Previous Owner Brown Stephanie Scrudder $82,729
Previous Owner Brown Stephanie Scrudder $85,950
Previous Owner Brown Charles Rea $83,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $206,650 -3.9% $148 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $215,000 +144.3% $154 / Sq Ft
03/08/2016 03/08/16 Sold $88,000 -32.3% $63 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
05/05/2015 05/05/15 For Sale $130,000 +91.2% $93 / Sq Ft
08/24/2012 08/24/12 Sold $68,000 -17.1% $49 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $82,000 -- $59 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,195 $35,250 $2,750 $32,500
2023 $2,147 $35,250 $2,750 $32,500
2022 $2,147 $35,250 $2,750 $32,500
2021 $1,216 $35,250 $2,750 $32,500
2020 $1,909 $26,350 $2,750 $23,600
2019 $842 $26,350 $2,750 $23,600
2018 $842 $26,350 $2,750 $23,600
2017 $862 $26,350 $2,750 $23,600
2016 $1,080 $24,725 $0 $0
2014 $1,080 $24,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barb Frazer

    Seller's Agent in 2022

    Barb Frazer

    Crye-Leike

    (901) 409-2528

    Section Image
  • Macky Sneed

    Buyer's Agent in 2022

    Macky Sneed

    Sneed Company, REALTORS

    (901) 312-4591

    4 in this area

    31 Total Sales

    Macky Sneed
    Section Image

  • J

    Seller's Agent in 2016

    Jing Chen Roachell

    Crye-Leike, Inc., REALTORS

    (901) 674-9036

    18 Total Sales

    Jing Chen Roachell
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Wooten

    Adaro Realty, Inc.

    Section Image
  • Betsy Kelly

    Seller's Agent in 2012

    Betsy Kelly

    Hobson, REALTORS

    (901) 870-6244

    1 in this area

    50 Total Sales

    Betsy Kelly
    Section Image
  • Laurie Stark

    Buyer's Agent in 2012

    Laurie Stark

    Hobson, REALTORS

    (901) 728-6628

    4 in this area

    58 Total Sales

    Laurie Stark
    Section Image
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About Fairway Towers

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Source: Memphis Area Association of REALTORS®

MLS Number: 10137097

Memphis Area Association of REALTORS®

APN: 04-4041-A0-0053

Tennessee Shelby County Memphis 38122 Chickasaw Gardens

475 N Highland St Unit 6B, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 475 N Highland St Unit 6B, Memphis, TN 38122 since 04 November 2022 and is currently estimated at $218,472, approximately $136 per square foot. This property was built in 1970. 475 N Highland St Unit 6B is a home located in Shelby County with nearby schools including Grahamwood Elementary School, White Station High, and White Station Middle.

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